Freshfields advised Super Micro Computer, Inc. (“Supermicro” or the “Company”) on its offering of $2.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030 (the “Notes”). The Notes include $300 million aggregate principal amount of Notes issued pursuant to the exercise in full of the initial purchasers’ option to purchase additional Notes. The Notes will be convertible into cash, shares of Supermicro’s common stock, or a combination thereof, at Supermicro’s election.  In addition, Freshfields advised Supermicro in connection with the capped call transactions entered into in connection with the offering.

Supermicro is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first-to-market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. Supermicro is a Total IT Solutions manufacturer with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enables our development and production, enabling next-generation innovation from cloud to edge for our global customers. Supermicro's products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows its customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).

The Freshfields capital markets team consisted of partners Sarah Solum and Phillip Stoup, counsel Jeffrey Gould, senior associate Kimberly Wang, and associates Matt Deorocki and Grace Brockmeyer. Structured products advice was provided by partner Brian Rance and senior associate Francesca Loreto. Tax advice was provided by partner Steven Matays and counsel Jay Cosel. Strategic advice was provided by partner Boris Feldman. Partners Stephanie Brown Cripps and Nabeel Yousef, counsel David Nicolardi, as well as senior associate Hannah Khalifeh provided regulatory advice. Investment Company Act advice was provided by counsel David Nicolardi.